06.2026
Ownright Partners
Issue 14
Realty Check
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From the founders: the clients waiting for a bargain are watching the window close
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Home sales across Ontario have now climbed for four straight months, even with prices still soft. But the real story isn't price. It's supply: new listings keep thinning, and the better homes are getting picked over faster than the soft-price headlines suggest.
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That's an awkward spot with the client who's waiting for a bigger drop before they move. On paper, waiting feels safe. In practice, their window is quietly narrowing, because it's scarce inventory, not falling prices, setting the floor right now.
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This is where you earn your keep. The agent who has that conversation early, with the data to back it, helps a hesitating client see the market they're in, not the one they're hoping for. The ones who wait until prices "feel right" tend to lose those clients to inertia.
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We've always believed the agent's job in a confusing market is to bring clarity, not a sales pitch. Right now, clarity means giving a client the honest read, even when it stings.
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Joel Fox
COO
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The library: resources you can forward to clients
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These are client-ready explainers you can share when questions come up during a transaction. Each one breaks down a common concept in plain language.
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Hot off the press: Ownright in the news
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Our 2026 Operators Report, a survey of 1,000+ Canadian real estate professionals, kept driving national coverage this month:
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Market snapshot: sales keep grinding higher on thin supply
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Ontario home sales reached 17,247 in May, up for a fourth consecutive month, though still down 1.2% from a year ago (OREA).
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New listings fell 12.7% year-over-year, and the average price ($847,813) slipped 1.5%. More buyers returning, fewer homes to sell, prices still soft.
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The Bank held its rate at 2.25% on June 10, a fifth straight decision with no change.
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It pointed to a mix of inflation risk and a soft economy as the reason to wait.
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Our take: A fourth straight monthly gain is genuine momentum, but it's running against listings down nearly 13%, so the lift is as much about scarce supply as renewed demand. With prices still soft and the Bank parked, this reads as a market tightening on thin inventory, not a broad rebound. Expect competitive bidding on the good listings and little movement elsewhere.
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Client spotlight: in their words
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Great experience with Ownright Lawyers for our home purchase. The team was professional, responsive, and made the closing process simple and stress-free. We especially appreciated that all fees were clearly outlined upfront, with no surprises. Everything was handled smoothly, and we would definitely recommend them to anyone buying a home.
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The Ownright advantage
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Have a client in need of a real estate lawyer?
We'd love to support them.
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